NETSTREIT Corp. (NTST) FY2025 10-K Annual Report

Filed: Feb 10, 2026
Financials
Real Estate Investment TrustsSEC EDGAR

NETSTREIT Corp. (NTST) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 10, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

NETSTREIT Corp. FY2025 10-K Analysis

Business Overview

  • Core business: internally managed REIT owning diversified single-tenant commercial retail properties under long-term net leases
  • New emphasis on build-to-suit and reverse build-to-suit developments, including three properties under development without rent commenced
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Management Discussion & Analysis

  • Revenue from investments generated ABR $198.3M as of Dec 31, 2025; portfolio 99.9% occupied with 10.1 years WALT
  • Acquisitions: 140 properties purchased for $603.0M in 2025; dispositions: 78 properties sold for $169.1M with net gain $7.7M
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Risk Factors

  • Cybersecurity risk with potential business interruption from breaches of company or third-party data systems
  • Key-person dependency on IT Manager, CFO, and Chief Accounting Officer for cybersecurity risk management and incident response
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NETSTREIT Corp. FY2025 Key Financial Metrics
XBRL

Revenue

$195M

+19.8% YoY

Net Income

$7M

+157.8% YoY

Net Margin

3.5%

+1087bp YoY

ROE

0.5%

+137bp YoY

Total Assets

$2.6B

+15.7% YoY

EPS (Diluted)

$0.08

+150.0% YoY

Operating Cash Flow

$110M

+21.5% YoY

Source: XBRL data from NETSTREIT Corp. FY2025 10-K filing on SEC EDGAR. All figures in USD.

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